SharpLink Gaming Ltd. (SBET) Stock Price & Analysis
Market: NASDAQ • Sector: Consumer Cyclical • Industry: Gambling, Resorts & Casinos
SharpLink Gaming Ltd. (SBET) Profile & Business Summary
SharpLink Gaming Ltd. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. It operates through Affiliate Marketing Services United States, Sports Gaming Client Services, Enterprise Telecom Expense Management, and Affiliate Marketing Services International segments. The company collects information on potential U.S. domiciled sports bettors, connects them with contextual sports betting content, and converts them to paying sports betting customers, as well as offers sports betting data to sports media publishers. It also provides development, hosting, operations, maintenance, and service of free-to-play games and contests; and solutions for telecommunications expense management, enterprise mobility management, call usage, and accounting software, as well as iGaming and affiliate marketing network, which focuses on delivering quality traffic and player acquisitions, and retention and conversions to global iGaming operator partner worldwide. The company was founded in 2019 and is headquartered in Minneapolis, Minnesota.
Key Information
| Ticker | SBET |
|---|---|
| Exchange | NASDAQ |
| Official Site | https://www.sharplink.com |
Market Trend Overview for SBET
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-10-13 (ET)
As of 2026-10-13, SBET is showing signs of slowing down. Over the longer term, the trend remains bullish.
SBET last closed at 8.41. The price is about 0.9 ATR below its recent average price (8.77), and the market is currently in a trend that may be losing strength. Price at 8.41 is near light support around 8.33. Momentum may slow, while minor resistance sits near 9.02. View Support & Resistance from Options
The broader uptrend is still intact, but price has moved far from its recent average, increasing the risk of a pullback.
Trend score: 55 out of 100. Overall alignment is unclear. The market is currently in a late-stage trend that may be losing strength. The longer-term trend is still positive, but short-term signals are not yet confirming it.
A key downside risk boundary is near 7.35. If price falls below this area, the current structure would likely weaken further.
On 2026-10-08, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.
[2026-09-25] Price moved quickly and looked strong, but participation was limited.
Recent price action continues to trend lower in a relatively orderly manner, with no clear signs of structural stabilization yet emerging.
Selling into the close appeared orderly, consistent with deliberate overnight risk management.
The model stays neutral because the setup is not clear enough to justify a directional deployment.
The model does not deploy this setup because predictability is still too low and internal signals are not aligned strongly enough. Predictability is 27%, agreement is 35%, and reversal risk is 20%.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This estimate uses 1-minute price, volume, and VWAP data from the last 58 trading days, with turnover-based decay. The sample period is 2026-07-23 to 2026-10-13. The current price is 8.41, 2.90% below the estimated average cost of 8.66. An estimated 28.7% of recent positioning is below the current price, while 70.8% is above it. The peak-density price is 8.53. The largest concentrated cost region is 8.30 to 9.01 and contains 35.6% of the estimated distribution. The current price is within the 8.30 to 9.01 cost region. The nearest region below the current price is 8.14 to 8.27. The nearest region above the current price is 9.14 to 9.19.
Short Interest & Covering Risk for SBET
This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.
Shows how likely a short squeeze may be under current market conditions.
Short Exposure Percentile
Short interest is within its typical range, with no clear imbalance between buyers and sellers. (Historical percentile: 58%)
Structure Analysis
SBET Short positioning is starting to look crowded. Current days to cover is 4.5 trading days, meaning short positions would unwind more slowly than usual. Short covering could add extra momentum to price moves. Early signs of positioning pressure are emerging (Fragility Score 55/100, DTC percentile 91%) with short positioning continuing to expand.
Risk Summary
Some early warning signs are emerging. Price strength remains intact, but underlying support may be starting to weaken.This indicator is intended as a risk filter, not a directional signal. A High or Extreme reading does not predict an immediate move, but suggests that if prices weaken, downside reactions may be more pronounced.
Why Price Reactions May Be Stronger?
Short positioning is elevated both relative to its own history and in absolute short-interest terms. In the latest reporting period, short interest continues to increase. Price action is compressing (range is tightening), which can make breaks more sensitive. Phase: Building. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. Crowded positioning is being reinforced by continued short build-up. As a result, similar news or market events could lead to price moves about 2× larger than usual.
Note:
Short interest data is reported every two weeks by
FINRA.
The most recent snapshot is
2026-09-30 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.